Withdrawal limit: Once Again, CBN Governor Emefiele Fails To Appear Before Reps

Once again, the Governor of the Central Bank of Nigeria, Godwin Emefiele failed to appear before the House of Representatives on Tuesday over the apex bank’s recent policy on cash withdrawals.

 

Following a letter last Thursday telling the lawmakers that he was in the United States on an important assignment, Emefiele sent another letter stating that he was still outside the country. The House has resolved that he should appear on Thursday.

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The House of Representatives summoned the CBN governor on December 8, ordering the suspension of cash withdrawal limits by the apex bank after a resolution during plenary.

More details later…